Nanosolar, Inc.

Nanosolar, Inc. is a company focused on the development and production of innovative photovoltaic solar cells, offering cost-effective solutions to generate solar electricity for various applications. Founded in 2002 in San Jose, US, Nanosolar, Inc. specializes in solar energy solutions through photovoltaic technology.

The company raised a total of USD 20. 00 mn across multiple funding rounds, with the latest being a Series E round on July 12, 2013, amounting to USD 48. 50 mn. Investors in this round included Army Venture Capital Initiative, Mohr Davidow Ventures, and Ohana Holdings.

As of now, the company's valuation stands at USD 91. 70 mn. Nanosolar specializes in the production of innovative photovoltaic solar cells, designed to generate low-cost solar electricity. Their core offerings include thin-film solar panels that leverage advanced materials and manufacturing techniques to improve efficiency and lower costs.

Targeting the growing demand for renewable energy, Nanosolar caters to a diverse client base, including energy providers and large-scale solar project developers, primarily in North America, Europe, and emerging Asian markets. Nanosolar generates revenue through the direct sales of its solar panels to businesses and energy providers, alongside partnerships with institutions involved in large-scale solar projects. The company operates a B2B transaction structure, with revenue also arising from long-term supply agreements with wholesalers and renewable energy companies that integrate Nanosolar’s products into their offerings. While specific pricing details are not disclosed, the company’s pricing strategy is competitive within the solar market.

In July 2013, Nanosolar, Inc. discontinued its operations. Consequently, there are no current plans for new product launches or market expansions. The company's future growth strategy has not been articulated due to the cessation of its business activities.